Wall Street’s Top Analysts Upgrades, Downgrades & Initiations
$FB, $FCX, $MSI, $PG
Below is a list of Wall Streets top analysts upgrades, downgrades and initiations for Wednesday, as follows:
Facebook Inc. (NASDAQ:FB) was raised to Buy from Neutral with a $175 price target at BTIG. Facebook has a consensus analyst price target of 159.82 and a 52-wk trading range of 106.31 – 140.34.
Freeport-McMoran Inc. (NYSE:FCX) was raised to Hold from Sell and the price target was raised to 14.00 from 12.50 at Deutsche Bank.
Motorola Solutions Inc. (NYSE:MSI) analysts raised to Buy from Hold and the price target was raised to 100 from 75 at Jefferies. The firm feels that the LMR risk (LTE) is increasingly looking like a red herring and that Motorola’s consensus earnings expectations are too low.
Procter & Gamble Co. (NYSE:PG) analysts started as Neutral with a 98 price target at JPMorgan in a broad-based neutral sector call on consumer products.